Good says

Tokyo (VNA) - Vietnam is a potential and emerging market, with low risks, good economy and stable politics, Eto Shinji, General Manager of Japanese building product distributor JUTEC Corporation’s Overseas Business Department, has said. “That's why we decided to go there. That was in 2015,” he noted in an interview granted to the Vietnam News Agency’s correspondent in Tokyo recently. According to him, at first, his company tried to sell Japanese building materials in the Vietnamese market. But unfortunately, the way of building houses in Vietnam is totally different from Japan’s one, and thus, building materials used in Vietnam are totally different from those used in Japan. “We had tried to sell our products to those who have special technical knowledge of Japan, but it was not easy. As a result, we changed our mindset to adapt to the market and then, decided to enter its real estate market because we thought that there is a close link between … [Read more...] about Vietnam hailed for good economy, stable politics: Japanese business executive

Regarding JUTEC Corporation’s establishment of a joint venture with ISN Real Estate Management JSC. (ISN REM), an affiliate of the ISN Corporation, Eto Shinji said his company chose this partner since ISN REM is the only company that is targeting to Japanese people living in Vietnam, and it has a great network of for-rent condominium owners. Additionally, its manager, who was educated in Japan, has deep knowledge of Japanese people’s taste. … [Read more...] about Vietnam hailed for good economy, stable politics

Because of the recent rise in the value of the US dollar and gold prices, the increase of the basic interest rate is significant for improving the value of domestic currency and limiting the rise of exchange rates, which can negatively impact the macro economy. As foreign currency earners such as exports or overseas remittances show little signs of improving compared to 2008, controlling the supply of Vietnamese cash by higher interest rates is a tool to ensure a stable exchange rate. … [Read more...] about Increase basic interest rate – a good therapy for national economy

Personnel of L2FH Rotation 1 welcome foreign visitors. What contributed to the good impression on Vietnam of locals and international friends in South Sudan? Lieutenant Colonel Bui Duc Thanh, Director of the Level-two Field Hospital (L2FH) Rotation 1 of Vietnam in Bentiu, South Sudan, shared, “Working in a far, far-away country like South Sudan, our focal point is exercising professional expertise. However, building up a good image of Vietnam and the Vietnam People’s Army is also an indispensable task, as it makes local people and those from other countries have good feelings for Vietnam.” … [Read more...] about Part 4: Vietnam means goodness